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5892 Powderhorn Ct SW, Wyoming, MI 49418

3 beds • 4 baths • 2464 sqft

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This property could be a profitable Airbnb investment with a projected 10.14% first-year return on $110k initial cash invested.

10.14%

Cash On Cash

9.58%

Cap Rate

1.54

DSCR

$7,370

Rent

$933

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,370 income − $6,437 expenses = $933 cash flow

Income$7,370Mortgage P&I$2,28531%Property Taxes$4356%Insurance$1542%HOA$25Management$1,10615%CapEx$2954%Maintenance$2954%Other$1,84225%Cash Flow$933

Investment Breakdown

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Purchase Price

$440k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,980

Closing costs

1%

$4,399

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$7,370

Total Expenses

$6,437

Mortgage P&I

31%

$2,285

Property Taxes

6%

$435

Home Insurance

2%

$154

HOA

0%

$25

Property Management

15%

$1,106

CapEx

4%

$295

Vacancy

0%

$0

Maintenance

4%

$295

Other

25%

$1,842

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